Specialist John McNierney, right, works on the floor of the New York Stock Exchange Friday, March 8, 2013. Stocks are opening higher on Wall Street after the government reported a burst of hiring last month that sent the unemployment rate to a four-year low. (AP Photo/Richard Drew)

Specialist John McNierney, right, works on the floor of the New York Stock Exchange Friday, March 8, 2013. Stocks are opening higher on Wall Street after the government reported a burst of hiring last month

Specialist Donald Civitanova, right, works at his post on the floor of the New York Stock Exchange Friday, March 8, 2013. Stocks are opening higher on Wall Street after the government reported a burst of hiring last month that sent the unemployment rate to a four-year low. (AP Photo/Richard Drew)

Specialist Donald Civitanova, right, works at his post on the floor of the New York Stock Exchange Friday, March 8, 2013. Stocks are opening higher on Wall Street after the government reported a burst of hiring

Traders work in their booth on the floor of the New York Stock Exchange Friday, March 8, 2013. Stocks are opening higher on Wall Street after the government reported a burst of hiring last month that sent the unemployment rate to a four-year low. (AP Photo/Richard Drew)

Traders work in their booth on the floor of the New York Stock Exchange Friday, March 8, 2013. Stocks are opening higher on Wall Street after the government reported a burst of hiring last month that sent the

NEW YORK -- Stocks closed higher on Wall Street for a seventh straight day, pushing the Dow Jones industrial average further into record territory.

The Dow Jones industrial average rose 50 points to 14,447 on Monday. The Dow broke through its all-time high last Tuesday and has set a record every day since then.

The Standard & Poor's 500 index rose 5 points to 1,556. The S&P is now just eight points below its own record. The Nasdaq composite rose eight points to 3,252. Nine of the 10 industry groups in the S&P 500 rose, led by financial companies.

There were no major economic reports to drive trading on Monday. Later in the week, the government will release figures for the federal budget in February, as well as reports on consumer prices and industrial production.